Hudson Yards continues to be the most expensive neighborhood in New York City with a median sale price of $5.95 million, outpacing Tribeca and Soho. Citywide, housing sales reached a median price of $799,000, a 4% increase year-over-year. Tribeca saw a dramatic 43% increase in median sale price to $4.15 million and a rise in transactions. In contrast, Brooklyn maintained its presence in the top 50 despite lesser sales and prices. 39 neighborhoods surpassed $1 million in median sales this spring.
Hudson Yards recorded a median sale price of $5.95 million, continuing its six-year dominance as NYC's most expensive neighborhood, outperforming others by $1.8 million.
Citywide housing sales in spring achieved an all-time high median sale price of $799,000, reflecting a 4% increase in the number of transactions compared to last year.
Tribeca's median sale price soared by 43% to $4.15 million this spring, marking its highest prices in six years and a significant increase in sales volume.
Despite fewer sales and lower prices in Brooklyn this year, the borough maintained the same number of neighborhoods in the top 50 as Manhattan.
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